The real estate developer's wealth slid as shares in his flagship Hong Kong-listed Shimao Property dropped 15% in a year.

The real estate developer's wealth slid as shares in his flagship Hong Kong-listed Shimao Property dropped 15% in a year. A crucial period looms as 34 projects are expected to go on sale, including the Tianjin Shimao City Ecology Project, Wuhan Shimao Splendid River and Hangzhou Shimao Riviera Garden. Son Jason is heir apparent.